According to the bank's website, "FMO will co-fund NMB’s digitization program to support the bank in its aim to become the first digital bank of Nepal, including plans to fully digitize internally and externally and with an extensive customer on-boarding and digital financial literacy program."
FMO’s client is NMB Bank, a commercial bank in Nepal where FMO is the anchor investor.
No contact information provided at time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/